US LNG exporter Venture Global has entered into power and grid frame agreements with GE Vernova and Baker Hughes for up to 16 new, 720 MW power island units and associated power transformer equipment, supporting the continued expansion of its existing behind-the-meter, industrial power network that is not reliant on the grid.
South Korean shipbuilder Hanwha Ocean and steel producer Posco plan to build a liquefied natural gas (LNG) carrier equipped with high-manganese steel cargo tanks.
Global LNG imports declined significantly by 8.8 percent year-on-year to 34.29 Mt in August, as the ongoing Middle East conflict continued to constrain global LNG trade, the Gas Exporting Countries Forum (GECF) said in its latest report.